Corporate Governance

Executive Leaders

Diane FaroChief Executive Officer

Brings executive expertise in all phases of the payments business.

Diane (Vogt) Faro continues to be a leader within the payments industry and, with many professional accomplishments under her belt, her demonstrated service to the financial and payments industry alone qualifies her as a Star Award and Distinguished Payments Professional.

Ms. Faro has been in the payment industry since 1970 and is currently the CEO of JetPay Corporation, a publicly held company that provides a single vendor solution for payment services, debit and credit card processing, ACH services, and payroll and human capital management needs for businesses throughout the United States.

Her success for growing companies and leading people started early in her career. In addition to holding multiple executive positions with First Data and as CEO of Chase Merchant Services, Ms. Faro is credited for building strategic partnerships that established an international presence in Canada, Latin America and Europe while at First Data. As a pioneer in the retail sector, Ms. Faro accelerated the electonification of payments with the introduction of POS payment integrations capturing opportunities at a time when the industry changed and customer requirements included innovative products.

Ms. Faro has had success as a corporate executive, entrepreneur and consultant in payments based on her ability to continuously identify and implement new ways that expand relationships based on client needs, market trends and competitive threats. She is a proven executive leader with a reputation of achievement based on her ability to deliver financial results and drive new strategic directions that enhances sales, marketing, product development, operations and partnerships.

Ms. Faro has a passion for leadership development that includes mentoring and developing women professionals. She has an inspirational style that has structured proven leadership teams and, this has identified her as a dedicated strategic executive and one of the most respected women leaders within the industry. Reflective of her leadership influence, Ms. Faro is one of the founders of, Women Networking in Electronic Transactions (WNET), a national organization that is recognized as a premier professional organization for women in payments that provides personal enrichment and world-class programming, networking resources and mentorship programs dedicated to the development of women leaders.

Diane proves she has a responsibility to serve the industry and strives for continuous improvement as a past President of the Electronic Transaction Association (ETA) for the 2004 – 2005 term, as an ETA board member for the past seven years and by holding advisory positions with both Visa and MasterCard, various board positions and providing leadership direction and financial oversight focused on the future of payments and financial services.

Peter DavidsonVice Chairman & Corporate Secretary

Provides strategic leadership and know-how.

Peter B. Davidson has served as the Company’s Chief Administrative Officer and Corporate Secretary since its inception and is now the Company’s Vice-Chairman and Chief Marketing Officer, while still retaining his duties as Corporate Secretary. Mr. Davidson has over 30 years of hands-on experience in both the direct management of payment and payroll companies and in management consulting in these businesses. Mr. Davidson provides strategic leadership and know-how to the JetPay Corporate team.

Mr. Davidson was formerly Chief Executive Officer of Brooks FI Solutions, LLC, an entity that provides retail banking and payment solutions that he founded in 2006. Immediately prior to founding Brooks FI Solutions, Mr. Davidson was Executive Vice President of Genpass, Inc. where, from 2002 until its acquisition and subsequent integration by U.S. Bancorp in 2005, he led its efforts to bring stored value products to market. While at Genpass, Inc., he was also involved in the development and implementation of MoneyPass, a surcharge-free ATM network. Earlier in his career, Mr. Davidson served as President of Speer & Associates, leading domestic and international consulting engagements in the retail banking and electronic funds transfer industry; Executive Vice President at HSBC USA and President of HSBC Mortgage, where he was responsible for managing its consumer businesses; and Senior Vice President at CoreStates Financial, where he managed the credit card and consumer lending businesses and developed remote banking strategies. Mr. Davidson holds a B.S. in Economics from the Wharton School of the University of Pennsylvania in Finance and Accounting, and an MBA from Widener University in Finance.

Greg KrzemienChief Financial Officer

Significant experience in the areas of mergers and acquisitions.

Gregory M. Krzemien has served as the Company’s Chief Financial Officer since February 7, 2013.

From 1999 to October, 2012, Mr. Krzemien served as Chief Financial Officer, Treasurer and Corporate Secretary of Mace Security International, Inc., a publically traded company that is a manufacturer of personal defense sprays, personal protection products and electronic surveillance equipment, and the operator of a UL rated wholesale security monitoring station. From 1992 to 1999, Mr. Krzemien served as Chief Financial Officer and Treasurer of Eastern Environmental Services, Inc., a publically traded solid waste company. From 1981 to 1992 Mr. Krzemien held various positions at Ernst & Young LLP, including Senior Audit Manager from October 1988 to August 1992. Mr. Krzemien has significant experience in the areas of mergers and acquisitions, Securities and Exchange Commission reporting, strategic planning and analysis, financings, corporate governance, risk management and investor relations. Mr. Krzemien holds a B.S. Honors Degree in Accounting from the Pennsylvania State University.

Mike CollesterChief Operations Officer

Michael Collester was previously President of ACI Merchant Systems, LLC prior to the acquisition by JetPay in 2014.
Michael brings more than 25 years in merchant services with extensive experience in sales, business development and payment processing operations.

John CrouchChief Information Officer

Michelle JenkinsChief Marketing Officer

Michelle Jenkins brings 30 years of experience in sales and marketing in the financial, manufacturing, non-profit and payment industries. Ms. Jenkins recently joined JetPay as the Chief Marketing Officer (CMO).

For more than 15 years Ms. Jenkins was the President of Strategic Thinking, a marketing communication consulting firm that worked with various clients including banks, credit unions, manufacturers, non-profit organizations, payments company and municipalities. Strategic Thinking was primarily focused on strategic and marketing plans to grow businesses, raise money and build awareness in new markets.

Prior to Strategic Thinking, Ms. Jenkins was a director of marketing for several bank holding companies including Central Bank & Trust (now Wells Fargo). Central Bank & Trust had more than 20 locations throughout Texas and over $1.1 Billion in assets. Ms. Jenkins was responsible for all marketing and communications, brand development and ongoing management that included centralized process management and employee engagement and building a corporate culture focused on the vision and core values.

Additionally, Ms. Jenkins contributed considerably to the North Texas community. A few of the organizations she dedicated time to include: Young Women’s Leadership Academy, YMCA of Metro as well as Camp Carter, Compass Christian Church as well as American Institute of Banking; just to name a few.

Through her well rounded and extensive experience in the planning, managing and execution of the ‘tailored communication campaign’, Ms. Jenkins takes the lead at telling the JetPay story in the most direct method to the most direct audience in the most concise way.

Michael PiresPresident – HR & Payroll

He has a track record of successfully scaling businesses.

Pires founded HRinterax in 2001 and grew the business into a highly profitable human resources outsourcing and recruitment management firm, restructuring the company around the vision of building a cloud-based SaaS HR platform for the small and mid-sized employer market and successfully launching the resultant flagship HR411® product in 2007. He built the company to a point where it ultimately attracted ADP to purchase the company in late 2009.

Pires held a number of senior roles during his six years with ADP – most recently as the Division Vice President of Business Development. While at ADP, Pires helped to define and ultimately establish the HR solutions business for ADP’s Small Business Services, leading them to new sales growth of greater than 20 percent annually and overall existing client base penetration of more than 40 percent for HR solutions. He also led the development of numerous key strategic partnerships and ADPs payroll acquisition team.

He has a track record of successfully scaling businesses, defining new markets and business models, acquiring companies, developing talent, designing, launching and improving products, and expanding into new adjacencies and markets.

Gene M. ValentinoChief Strategic Officer

Placing the customer and community first.

Placing the customer and community first has always been a fundamental principle of Gene Valentino’s professional and personal life. This principle has motivated Gene to create several game changing strategies, focusing on cutting edge technology as the key to success.

In 1988, Gene obtained one of the first rural cellular telephone company licenses from the FCC, and became President of CellularOne in Central California. His strategic growth plan resulted in the sale of the company for over $120-million in 1996.

In 1999, Gene created CollectorSolutions, Inc. (CSI) in Pensacola, Florida. Gene’s focus at that time was the government, not-for-profit, and utility sectors. As social/cultural acceptance grew with online payments, Gene expanded this technology by providing a solution for a variety of commercial sectors as well. By the end of 2015, his operation was processing over $5-billion in transactions per year.

His strategic work in the community mirrors his successes in business. From 2006-2014, Gene Valentino served as County Commissioner in Escambia County Florida where he provided over $200-million of improvements in the county and designed the county’s first economic development incentives through ordinances of law.

Also worth noting is that Gene has produced Hollywood films and has been a private pilot since 1975.